Lord Davies published his review of “Women on boards” in late February 2011, setting a target of 25% women on FTSE 100 boards by 2015. With this target in mind, the Professional Boards Forum has published its January 2012 BoardWatch survey of the rate of new female appointments to FTSE 100 and FTSE 250 companies:
“15 companies have reached the 25% women directors target set by Lord Davies for 2015. The proportion of women on FTSE 100 boards stands at 14.9%. This represents steady progress in the past year; there were 12.5% women directors at the beginning of 2011. The FTSE 250 proportion is now 9.2%.
FTSE 100 Companies
- 14.9% women directors (up from 12.5%*)
- 10 all-male boards (down from 21*)
- 27% of board appointments since 1 March 2011 have been women
FTSE 250 Companies
- 9.2% women directors (up from 7.8%*)
- 115 (46%) all-male boards (down from 52.4%*)
- 25% of board appointments since 1 March 2011 have been women
*Women on Boards, February 2011, Lord Davies of Abersoch. Figures relate to 2010.’
The BoardWatch survey lists the 96 women appointed to FTSE 100 boards in 2011, and the ten FTSE 100 companies with all-male boards (eight of which are commodities businesses):
- Aggreko plc
- Amec plc
- Antofagasta plc
- Essar Energy plc
- Fresnillo plc
- Glencore International plc
- Kazakhmys plc
- Randgold Resources plc
- Vedanta Resources plc
- Xstrata plc
See also: Women on boards: The 30% Club’s investor action group and Women on boards: FRC announces changes to UK Corporate Governance Code
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